ACTIVE

ALGROB

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Financial year 2025 · closed on 31/12/2025

Net result

123,2 k €

+101.2% YoY

Gross margin

402,2 k €

+16.5% YoY

Equity

657,1 k €

+14.5% YoY

Workforce

3,0 ETP

0.0% YoY

What does ALGROB do?

ALGROB is a Private limited company incorporated in 2006. Its main activity is: Construction of buildings. Its registered office is in Vilvoorde. It employs on average 3,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0879.470.987

Incorporation

10/02/2006

Legal form

Private limited company

Registered office

Breemputstraat 190
1800 Vilvoorde · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

3,0 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.45250Maintenance and repair of motor vehicles 41002Construction of buildings+3

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	402,2 k €	+16.5%	345,1 k €	+12.5%	306,9 k €	-25.4%	411,3 k €	+37.1%	300,1 k €	+23.0%	243,9 k €	+17.7%	207,2 k €	+20.0%	172,7 k €	+76.2%	98,0 k €	-25.8%	132,2 k €	-2.6%	135,7 k €	+40.6%	96,6 k €	-8.5%	105,5 k €	-29.5%	149,7 k €	-13.7%	173,4 k €	+6.7%	162,5 k €	+17.3%	138,5 k €	+15.6%	119,9 k €	+3.5%	115,8 k €
EBITDA	219,5 k €	+27.0%	172,8 k €	+15.7%	149,3 k €	-35.7%	232,4 k €	+22.9%	189,1 k €	+1.6%	186,1 k €	+11.7%	166,5 k €	+78.9%	93,1 k €	+117%	42,9 k €	-21.5%	54,7 k €	-26.6%	74,5 k €	+152%	29,5 k €	-21.2%	37,5 k €	-28.9%	52,7 k €	-8.7%	57,7 k €	-24.9%	76,8 k €	+26.6%	60,7 k €	+14.2%	53,1 k €	-38.2%	85,9 k €
Operating result	157,4 k €	+36.0%	115,8 k €	+25.5%	92,2 k €	-49.4%	182,2 k €	+20.3%	151,4 k €	+3.1%	146,9 k €	+11.7%	131,5 k €	+78.6%	73,6 k €	+155%	28,9 k €	-12.6%	33,0 k €	+473%	-8,8 k €	-155%	16,0 k €	-7.8%	17,4 k €	-46.8%	32,7 k €	+63.3%	20,0 k €	-6.6%	21,4 k €	+152%	8,5 k €	+0.0%	8,5 k €	+183%	-10,2 k €
Net result	123,2 k €	+101%	61,2 k €	+106%	29,7 k €	-69.0%	95,8 k €	-18.4%	117,5 k €	+28.1%	91,7 k €	+53.8%	59,6 k €	-7.7%	64,6 k €	+202%	21,4 k €	-30.8%	30,9 k €	+388%	-10,7 k €	-193%	11,6 k €	+2.3%	11,3 k €	-39.9%	18,8 k €	+77.2%	10,6 k €	+21.9%	8,7 k €	+885%	883,7 €	+220%	276,3 €	+103%	-10,4 k €
Balance sheet
Equity	657,1 k €	+14.5%	574,0 k €	+6.7%	537,7 k €	+0.9%	533,0 k €	+21.9%	437,2 k €	+36.7%	319,7 k €	+40.2%	228,1 k €	+35.4%	168,5 k €	+50.5%	111,9 k €	+23.6%	90,5 k €	+51.9%	59,6 k €	-15.3%	70,3 k €	+19.7%	58,8 k €	+23.8%	47,5 k €	+65.6%	28,7 k €	+58.7%	18,1 k €	+93.0%	9,4 k €	+10.4%	8,5 k €	+3.4%	8,2 k €
Total assets	915,6 k €	+1.9%	898,6 k €	+13.3%	792,8 k €	-11.4%	894,5 k €	+18.7%	753,9 k €	+48.0%	509,6 k €	+6.6%	478,0 k €	+13.2%	422,3 k €	+31.1%	322,1 k €	-8.6%	352,4 k €	-19.1%	435,8 k €	-13.8%	505,3 k €	+73.5%	291,2 k €	-12.3%	332,2 k €	+13.6%	292,5 k €	+9.8%	266,4 k €	+8.2%	246,2 k €	+21.1%	203,3 k €	-16.0%	242,2 k €
Cash	263,6 k €	+19.0%	221,5 k €	+27.7%	173,4 k €	-1.6%	176,3 k €	-20.8%	222,6 k €	+19.8%	185,8 k €	+257%	52,0 k €	-54.2%	113,5 k €	+21.6%	93,3 k €	+15.5%	80,8 k €	+157%	31,4 k €	+108%	15,1 k €	-36.5%	23,7 k €	-37.1%	37,7 k €	+14.9%	32,8 k €	-27.8%	45,5 k €	-25.1%	60,8 k €	+72.1%	35,3 k €	-0.8%	35,6 k €
Debts	248,5 k €	-21.0%	314,5 k €	+24.8%	252,0 k €	-29.6%	357,8 k €	+13.0%	316,7 k €	+71.2%	185,0 k €	-17.8%	225,2 k €	+7.8%	208,9 k €	+15.9%	180,2 k €	-22.3%	231,9 k €	-38.4%	376,2 k €	-3.7%	390,7 k €	+68.1%	232,4 k €	-18.3%	284,7 k €	+9.4%	260,2 k €	+15.4%	225,5 k €	-0.1%	225,7 k €	+15.8%	194,9 k €	-16.7%	234,0 k €
Other
Workforce	3,0 ETP	0.0%	3,0 ETP	0.0%	3,0 ETP	+3.4%	2,9 ETP	0.0%	2,9 ETP	+45.0%	2,0 ETP	+42.9%	1,4 ETP		–		–		–		1,3 ETP	-7.1%	1,4 ETP	-17.6%	1,7 ETP	-15.0%	2,0 ETP	-20.0%	2,5 ETP	0.0%	2,5 ETP	+25.0%	2,0 ETP	+17.6%	1,7 ETP	+70.0%	1,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Bart Scheers

Director

Active

VBS INVEST

Director · 0799.629.891

Represented by Bart Verhasselt

Active

Ended mandates

Bart Scheers

Manager · since 20 février 2006

Ended

Bart Verhasselt

Manager · since 20 février 2006

Ended

Bart Scheers

Manager

Ended

Bart Verhasselt

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
VBS INVEST● Active	0799.629.891

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	25/06/2026	02/09/2025	31/07/2024	31/08/2023	31/08/2022	31/08/2021
General meeting	18/06/2026	22/07/2025	31/07/2024	30/08/2023	16/06/2022	17/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	18/06/2026	25/06/2026	Dutch	PDF
Abridged modelCorrection	31/12/2024	22/07/2025	02/09/2025	Dutch	PDF
Abridged model	31/12/2024	22/07/2025	04/08/2025	Dutch	PDF
Abridged model	31/12/2023	31/07/2024	31/07/2024	Dutch	PDF
Abridged model	31/12/2022	30/08/2023	31/08/2023	Dutch	PDF
Abridged model	31/12/2021	16/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	17/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	18/06/2020	31/08/2020	Dutch	PDF
Micro model	31/12/2018	20/06/2019	26/09/2019	Dutch	PDF
Micro model	31/12/2017	21/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	15/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	04/11/2016	Dutch	PDF
Abridged model	31/12/2014	18/06/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	20/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	21/06/2012	28/09/2012	Dutch	PDF
Abridged model	31/12/2010	16/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	17/06/2010	27/09/2010	Dutch	PDF
Abridged model	31/12/2008	18/06/2009	22/07/2009	Dutch	PDF
Abridged model	31/12/2007	19/06/2008	28/08/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 5 ended

Active mandates

Bart Scheers

Director

Active

VBS INVEST

Director · 0799.629.891

Represented by Bart Verhasselt

Active

Ended mandates

Bart Scheers

Manager · since 20 février 2006

Ended

Bart Verhasselt

Manager · since 20 février 2006

Ended

Bart Scheers

Manager

Ended

Bart Verhasselt

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares07/12/2007
DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other02/03/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025123,2 k €↑
2024
Annual accounts 202461,2 k €↑
2023
Annual accounts 202329,7 k €↓
2022
Annual accounts 202295,8 k €↓
2021
Annual accounts 2021117,5 k €↑
2020
Annual accounts 202091,7 k €↑
2019
Annual accounts 201959,6 k €↓
2018
Annual accounts 201864,6 k €↑
2017
Annual accounts 201721,4 k €↓
2016
Annual accounts 201630,9 k €↑
2015
Annual accounts 2015-10,7 k €↓
2014
Annual accounts 201411,6 k €↑
2013
Annual accounts 201311,3 k €↓
2012
Annual accounts 201218,8 k €↑
2011
Annual accounts 201110,6 k €↑
2010
Annual accounts 20108,7 k €↑
2009
Annual accounts 2009883,7 €↑
2008
Annual accounts 2008276,3 €↑
2007
Annual accounts 2007-10,4 k €
10/02/2006
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ALGROB

Overview

What does ALGROB do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline